Bank Of Baku

Yapi Kredi Bank Azerbaijan ends Q3 on loss

Yapi Kredi Bank Azerbaijan ends Q3 on loss
# 28 October 2016 11:43 (UTC +04:00)

In January-September 2016, Yapi Kredi Bank Azerbaijan’s assets reached AZN 415.974 million, down 11.36% from previous year.

 

Bank says the loan portfolio dropped 16.13% to AZN 220.913 million, loans interests will amount to AZN 8.845 million.

 

Liabilities slid 11.77% to AZN 359.98 million, including AZN 127.31 million before credit institutions, AZN 224.586 million before clients. Personal savings make up AZN 92.245 million.

 

As of October 1, 2016, the total capital stood at AZN 55,994,120, while authorized capital made up AZN 46,810,700.

 

The bank ended nine months of 2016 on loss in the amount of AZN 5.528 million.

 

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